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Blockchain interoperability involves Relays and Bridges. Relays facilitate real-time communication between different blockchain networks, allowing smart contracts to be executed across chain boundaries. They offer immediate transaction validation and a connected ecosystem. Bridges are specialized contracts that transport tokens or data between isolated blockchains, expanding the capabilities of blockchains. They enrich the blockchain ecosystem with interoperable functionality, paving the way for more integrated applications. However, ensuring security and robustness in these connections is crucial. |
IEEE/ICACT20240467 Slide.07
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